Verra Mobility Teams with U.S. Bank to Deliver Toll Management Solution
Voyager customers can now manage toll expenses alongside fuel, EV charging and maintenance payments.
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Rhea-AI Summary
Verra Mobility (VRRM) has integrated its toll management service with U.S. Bank's Voyager fleet platform for customers across the United States.
Voyager Toll Management is now available to U.S. Bank Voyager customers. It automatically pays and records tolls on participating toll roads, with billing and reporting through the Voyager platform. Verra Mobility's existing toll processing platform handles more than 300 million transactions annually across 7 million fleet vehicles.
Key Figures
- Annual toll transactions
- more than 300 million transactions annually
- Verra Mobility toll processing platform
- Fleet vehicles
- 7 million fleet vehicles
- Vehicles supported by the toll processing platform
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Voyager's specialized fleet payment and management system now gives
As toll roads continue to expand across
"Managing tolls across the country can quickly become complicated for fleets," said Stacey Moser, chief customer officer, Verra Mobility. "By partnering with Voyager, we're giving fleet operators an advanced technology solution designed to handle toll payments, reduce costly toll violations and get a clearer picture of their toll expenses and all through a platform they already use."
The
"Our customers rely on Voyager to help simplify fleet operations and provide clear visibility into their expenses," said Jeff Pape, head of transportation,
The Voyager Toll Management solution powered by Verra Mobility is now available to
To learn more, visit www.verramobility.com.
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.
Forward Looking Statements
We describe initiatives that drive our business and future results in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors, including but not limited to the anticipated benefits and expected performance of our integration with U.S. Bank Voyager for toll management, the expected simplification of toll payments and reduction of administrative burden for fleet operators, the anticipated expansion of toll roads across the United States and the resulting demand for toll management solutions, and our ability to deliver technology solutions that help fleet operators manage toll expenses, maintain compliance and reduce costly toll violations. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.
Additional Information
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.
We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.
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SOURCE Verra Mobility